Bellway plc 6.8% Potential Upside Indicated by Deutsche Bank

Broker Ratings
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Bellway plc using EPIC/TICKER code (LON:BWY) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ today by analysts at Deutsche Bank. Bellway plc are listed in the Consumer Goods sector within UK Main Market. Deutsche Bank have set their target price at 4132 GBX on its stock. This is indicating the analyst believes there is a potential upside of 6.8% from the opening price of 3869 GBX. Over the last 30 and 90 trading days the company share price has decreased 19 points and increased 509 points respectively. The 1 year high for the stock price is 3997 GBX while the 52 week low is 2656 GBX.

Bellway plc has a 50 day moving average of 3,554.59 GBX and the 200 Day Moving Average price is recorded at 3,158.52. There are currently 125,885,068 shares in issue with the average daily volume traded being 419,802. Market capitalisation for LON:BWY is £4,921,596,065 GBP.

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    Bellway plc appoints Shane Doherty as new Chief Financial Officer, effective 2 December 2024, following his tenure as CFO of Cairn Homes PLC.

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